Business, 01.04.2021 22:00 Tonyswife15
Excellent Inc. is considering leasing or disposing of the following equipment: Cost of equipment $300,000 Less accumulated depreciation (200,000) Book value $100,000 Lease option: Total revenue for five-year lease $200,000 Total estimated repair, insurance, and property tax expenses during life of lease 50,000 Residual value at end of fifth year of lease 0 Sell option: Sales price $150,000 Commission on sales 7% Calculate the differential revenue from the lease alternative.
Answers: 3
Business, 23.06.2019 02:30
The accountant at bramble corp. has determined that income before income taxes amounted to $10800 using the fifo costing assumption. if the income tax rate is 30% and the amount of income taxes paid would be $900 greater if the lifo assumption were used, what would be the amount of income before taxes under the lifo assumption?
Answers: 2
Business, 23.06.2019 09:30
Which part in a cover letter do you write down skills and experience
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Business, 23.06.2019 14:20
Jessica wants to plan where she will place furniture in her room, so she has drawn a scale model of her room in order to begin planning. the scale model is 11 inches long and 8.5 inches wide. jessica notices that the door to her room takes up 1.75 inches on the right-side wall of her room, and she realizes that she cannot place any furniture in the area that the door turns through when it is opened.
Answers: 3
Excellent Inc. is considering leasing or disposing of the following equipment: Cost of equipment $30...
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